Mortgage Applications Increased in Latest Survey
Washington, DC, January 3, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 29.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Seminars, Social Events Enhance Las Vegas Market
Las Vegas, NV, January 3, 2007--Attendees to the Las Vegas Market at World Market Center continue to discover new product, insight, information and contacts with the Market's expanding and comprehensive offerings.
Chain Store Sales Up 2.8% from Year Ago
New York, NY, January 3, 2007--Chain store sales for the week ended December 30 rose 2.8% from the year-ago period, according to a survey released Wednesday by the International Council of Shopping Centers. and UBS Securities.
Lennar Brings MW Housing into Joint Venture
Miami, FL, January 2, 2007--Lennar Corp. and LNR Property Corp. said on Monday they would bring MW Housing Partners into their LandSource strategic joint venture, for which they will get about $660 million each.
ASCR Restructures Volunteer Councils
Columbia, MD, December 29, 2006--ASCR International, the restoration industry association, has completed the first step in a major restructuring of its industry councils.
UK’s United Carpets Reports Strong Performance
South Yorkshire, England, December 28, 2006--United Carpets reported a strong half-year performance today and said underlying sales have further improved since the end of September, rising by 13%.
Manufacturing Activity Pulls Back in Richmond Regi
Washington, DC, December 26, 2006--Manufacturing activity in the central Atlantic region contracted modestly in December, according to the Richmond Fed’s latest survey.
Iaquinto Joins Formica Flooring
Barnwell, SC, December 26, 2006--Formica Flooring has named Mark Iaquinto to the post of Northwest Regional Sales Manager. He will work with Formica Flooring distributors Midwest Flooring and SeaPac Sales.
Old Lumber Building a Niche
Seattle, WA, December--The owner of Windfall Lumber, Royer has carved out a boutique niche in Washington's wood-products industry by recycling castoff wood into flooring, moldings and countertops rather than see it carted off to the dump.
Commerce Secretary Issues Statement on 3Q GDP
Washington, DC, December 26, 2006--Commerce Secretary Carlos M. Gutierrez released the following statement on the final third quarter real gross domestic product (GDP) report, which showed that the American economy grew at two percent in the third quarter